Prime Coastal Investment Opportunity Just three blocks from the beach, this 12-unit complex on 3rd St. boasts an impressive walk score of 96! On the market for the first time in 26 years, this well-maintained building features ten 1-bedroom/1-bathroom units, one 2-bedroom/1-bathroom unit, and one 2-bedroom/2-bathroom unit ideal for an owner's residence. Recently upgraded with vinyl windows, the property also includes on-site laundry facilities, six garages (two with driveways), and a secure, gated entrance. With over 25% upside potential, this property represents a rare chance to acquire a coastal asset with minimal rent control restrictions (limited to CA state laws). Don't miss out on this exceptional investment opportunity!
MLS #
CROC24129394
MLS Source
California Regional MLS
Fireplace
None
Laundry
Laundry Area
Cooling
None
Pool
None
Garage/Parking
Garage: 6 Car(s)
Elementary District
Long Beach Unified
High School District
Long Beach Unified
HOA Fee
$0
Zoning
LBR1N
1837 E 3rd St is a Residential in Long Beach, CA 90802. This 9,378 square foot property sits on a 8,549 Sq Ft Lot and features 15 bedrooms & 14 full bathrooms. It is currently priced at $3,200,000 and was built in 1958.
This address can also be written as 1837 E 3rd St, Long Beach, CA 90802.©2024 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.
This listing information is up-to-date as of December 21, 2024. For the most current information, please contact Pat Swanson, (949) 724-5564